Category Archives for Trading Strategy Insights

Elliott Wave Update – ES – June 10,2021

Thursday’s trade was a complete win/win situation.  Expectations were that I was looking for the ES to drop to a new low under 4205 to complete the small wave 2 correction – today’s globex low was 4207. I was then looking for a launch type move off the low to give support and credence to […]

Continue reading

Elliott Wave Update – NQ – June 10,2021

Thursday’s trade was picture perfect and hit the mark on several levels.  Coming in today I was expecting some additional selling to push the NQ to a new low under 13741 to complete the small wave 2 correction — the low came in at 13726 just before the opening. I was then looking for a […]

Continue reading

Elliott Wave Update – ES – June 9, 2021

Wednesday’s trade did not offer any changes to current analysis.  What I did find a bit interesting is the pattern over the last two days in a “second verse same as the first” fashion.  Both days the ES reached sessions high early and then proceeded to sell off. Today a bit less than Tuesday.  This […]

Continue reading

Elliott Wave Update – NQ – June 9, 2021

Wednesday’s trade was singing that oldie but goodie from Led Zeppelin “The Song Remains the Same” since yesterday’s opening. Guess I could say “second verse same as the first” but that would be pushing it — The NQ sits in the same position in that I am continuing to look for an additional drop to […]

Continue reading

Elliott Wave Update – ES – June 8, 2021

Tuesday’s trade saw the ES come within 1.25 points from the existing all time high reaching 4236.75 before bolting lower reaching session lows at 4205. It is possible to consider the small wave 2 correction complete at that low, but as in the NQ the rally off of the low appears best viewed as a […]

Continue reading

Elliott Wave Update – NQ – June 8, 2021

Tuesday’s trade was picture perfect if you enjoy large swings off of highs that fit current analysis.  As left on last night’s update I was looking for a small 4th wave correction and then a 5th wave up to 13875 resistance and with enough push above 13900.  Got it all within the first few minutes […]

Continue reading

Elliott Wave Update – ES – June 7, 2021

Monday’s trade to hold to current analysis.  Market was slower today and the ES traded under lite volume.  Nonetheless the ES appears to be on track to continue to move higher.  Yesterday’s analysis did include smaller pullbacks and that is what we saw today.  If the small correction is complete at today’s lows expectations would […]

Continue reading

Elliiott Wave Update – NQ – June 7, 2021

Monday’s trade followed current analysis pretty much to a “T.”  After reaching the high on yesterday’s Globex opening the NQ dropped into a small 4th wave correction within the first 5 wave sequence up.  Wave 5 of the sequence is also subdividing. But we did get the close above 13800 which is needed to support […]

Continue reading

Elliott Wave Update – ES – June 6, 2021

Friday’s trade gave us much needed support in that the minute wave 4 correction is complete at Thursday’s low. This then suggests that minute wave 5 is underway and remains in the process of tracing out the first 5 wave sequence higher which would be labelled sub minute wave 1 – expectations would then be […]

Continue reading

Elliott Wave Update – NQ – June 6, 2021

Friday’s trade did give support to the minute wave 4 correction being complete and the next 5 wave sequence up being underway. The launch off of the Friday’s globes low was exactly what I needed to see to bring confidence from the market on the buyers being back in control. Yes, stranger things have happened […]

Continue reading

Trade Room Update – Starting June 21, 2021

Logical Signals Trade Room Starting on June 21, 2021 I’ve have received several requests from interested traders on how they can join a Logical Signals Trade Room.  I have some GREAT NEWS!  The LogicalSignals Trade Room is starting on June 21, 2021.  Allow me to start by sharing about me: Michael Filighera I have been […]

Continue reading

Elliott Wave Update – ES – June 3, 2021

Thursday’s trade while throwing a slight curve ball did hold within parameters for current analysis.  Currently I am counting a ‘c’ wave down as part of a double a-b-c structure to form a minute wave 4 correction.  The market did drop to support at 4165.25 before moving higher again.  Today’s low may have completed the […]

Continue reading
1 2 3 8